Publications in Referred Journals
Banks, financial markets, and international consumption risk sharing, German Economic
Review, forthcoming 2012, with Markus Leibrecht
Noisy Information, Interest Rate Shocks and the Great Moderation, The Journal of
Macroeconomics, forthcoming, 2012, with Eric Mayr
The Synchronization of GDP Growth in the G7 during U.S. Recessions. Is this Time
Different?, Applied Economics Letters, 2012, Vol 19(1), with Nikolaos Antonakakis
Labour Market Rigidities, Financial Integration and International Risk Sharing in the
OECD, Journal of International Money and Finance, 2011, Vol 22(2), pp. 317-337,
Marriage, Divorce and Interstate Risk Sharing, Scandinavian Journal of Economics,
forthcoming, 2011, with Martin Halla
Borrowing Constraints and International Risk Sharing: Evidence from Asymmetric
Error-Correction, Applied Economics, 2011, Vol 42(17), with Markus Leibrecht
Labor market institutions and macroeconomic volatility in a panel of OECD countries,
Scottish Journal of Political Economy, 2011, Vol 58(3), pp. 396-413, with Fabio Rumler
Inflation Dynamics in the New EU Member States: How Relevant Are External Factors?,
Review of International Economics, 2011, Vol 19(1), pp. 65-67, with Alexander Mihailov
and Fabio Rumler
The Small Open-Economy New Keynesian Phillips Curve: Empirical Evidence and Implied
Inflation Dynamics, Open Economies Review, 2011, Vol 22(2), pp. 317-337, with Alexander
Mihailov and Fabio Rumler
How Do Bank Lending Rates and the Supply of Loans React to Shifts in Loan Demand in the
U.K.?, Journal of Policy Modeling, 2010, Vol 32(6), pp. 778-791, with Johann Burgstaller
Interest Rate Pass-Through, Monetary Policy Rules and Macroeconomic Stability, Journal of
International Money and Finance, 2010, Vol 29(2), pp. 236-251, with Claudia Kwapil
Government Size and International Consumption Risk Sharing, Empirical Economics Letters,
2010, Vol. 9(1), pp. 63-69, with Markus Leibrecht
How are Prices adjusted in Response to Shocks? Survey Evidence from Austrian Firms,
Managerial and Decision Economics, 2010, Vol 31(2), pp. 161-160 , with Josef Baumgartner
and Claudia Kwapil
How Important is Employment Protection Legislation for Foreign Direct Investment Flows in
Central and Eastern European Countries?, The Economics of Transition, 2009, 17(2), pp.
175-195, with Markus Leibrecht
Money Market Uncertainty and Retail Interest Rate Fluctuations: A Cross Country
Comparison, German Economic Review, 2009, 10(2), pp. 176-192, with Burkhard Raunig
Financial Systems and the Cost Channel Transmission of Monetary Policy Shocks, Economic
Modelling, 2009, 26(1), pp. 40-46, with Sylvia Kaufmann
Do Bank-Based Financial Systems Reduce Macroeconomic Volatility by Smoothing Interest
Rates?, Journal of Macroeconomics, 2008, 30(3), pp. 1207-1221
International Risk Sharing in the OECD; Some Evidence based on Panel Cointegration, Open
Economies Review, 2008, 19(4), pp. 493-505, with Markus Leibrecht
Bank lending and the stock market's response to monetary policy shocks, International
Review of Economics & Finance, 2008, 17(3), pp. 425-435
Barriers to Technology Adoption, International R&D Spillovers and Growth, Economics
Bulletin, 2008, Vol 15(3), pp. 1-7, with Jesus Crespo Cuaresma and Neil Foster
The Transmission of Business Cycles: Implications for EMU Enlargement, The Economics of
Transition, 2008, 16(3), pp. 559-582, with Michael Artis and Jarko Fidrmuc
The Price Setting Behavior of Austrian Firms: Some Survey Evidence, Empirica, 2007,
34(5), pp. 491-505, jointly with Josef Baumgartner and Claudia Kwapil
Forecasting Austrian Inflation, Economic Modelling, 2007, 24(3), pp. 470-480, jointly with
Gabriel Moser and Fabio Rumler
International Risk Sharing and Investor Protection: Some Evidence from the EU-15,
Economics Bulletin, 2004, 6(23), pp. 1-13
The Austrian current account: Driven by twin deficits or by intertemporal expenditure
allocation?, Empirical Economics, 2002, 27, pp. 529-542, jointly with Sylvia Kaufmann and
Georg Winckler
Chapters in Books and Conference Volumes
Price Reactions to Demand and Cost Shocks; Survey Evidence from Austrian Firms, in S.
Fabiani, C. Loupias, F. Martins, and R. Sabbatini (eds.), Pricing Decisions in the Euro Area:
How Firms Set Prices and Why, Oxford University Press, 2007, jointly with Claudia Kwapil
and Josef Baumgartner
International Risk Sharing in Europe; Has Anything Changed?, in: K. Liebscher, P.
Mooslechner, and D. Ritzberger-Grünwald (eds.), The Economic Potential of a Greater
Europe, Edgar Elger Publishing Inc., 2004, jointly with Gabriel Moser and Wolfgang
Pointner
Working Papers
Stock Market Volatility, Consumption and Investment; An Evaluation of the Uncertainty
Hypothesis Using Post-War U.S. Data, Working Paper 168, Oesterreichische Nationalbank
(Austrian Central Bank), 2011, with Burkhard Raunig
An Experiment on Consumption Responses to Future Prices and Interest Rates, Ruhr
Economic Papers #248, with Wolfgang Luhan and Michael Roos
Bank Lending Standards, the Cost Channel and Inflation Dynamics, Working Paper 164,
Oesterreichische Nationalbank (Austrian Central Bank), 2010, with Sylvia Kaufmann
Expected Monetary Policy and the Dynamics of Bank Lending Rates, OeNB Working Paper
149, 2009, with Claudia Kwapil
The Liquidity Effect in Bank-Based and Market-Based Financial Systems, Johannes Kepler
University of Linz Working Paper 0718, 2007
Other Publications
Stock Market Volatility and the Business Cycle, Monetary Policy and the Economy, 2, 2010,
with Burkhard Raunig
Inflation Expectations - Role and Measurement for Monetary Policy, Monetary Policy and
the Economy, 2, 2009, with Ernest Gnan, Maria Antoinette Silgoner
Limited Pass-Through to Retail Interest Rates; Some Evidence and Macroeconomic
Implications, Monetary Policy and the Economy, 4, 2007, jointly with Claudia Kwapil
Financial Globalization and International Risk Sharing, Focus on European Economic
Integration, 1, 2005, jointly with Gabriel Moser and Wolfgang Pointner